Too bad they are pitching these in a retirement community when the LEs may far exceed the life of the investor. The risk profile will be inappropriate and violate the most basic fiduciary duty a financial advisor at any level would owe a client.
How does ths fund(s) address premium calls when other fractional holders don't pay up?
You know when they have to start feeding funds, that are approaching investors who are inappropriate for the asset, that the LPI brand is torched.
My mother in law will be there, knowing that the 21st LE extensions are way beyond 19% and in may cases above 30% or in a few cases above 50%!!! I hope she can remember to answer the questions I gave her.